National University of Sciences and Technology
Nust Home
ALUMNI
Contact Us
Home
All Courses
Home
>
Courses Detail
Home

Back
Econ121 Maths for Economics1
Campus
NBS
Programs
PG
Session
Fall Semester 2016
Course Title
Maths for Economics1
Course Code
Econ121
Credit Hours
3.0
PreRequisutes
Course Objectives
The goal of this course is to give an introduction to some branches of mathematics which are extensively used in the modern economics theory, particularly in macro and microeconomics.
Detail Content
Preliminaries
Concepts of Sets
Functions and Relations
Equilibrium Analysis
Solving Simultaneous Equations
Partial Market Equilibrium
General Market Equilibrium
Matrix Algebra
Matrix and Vector Operations
Determinants and Properties of Determinants
Application to Market Models
Calculus and Comparative Static Analysis
Foundations
The Concept of Limit
Computing Derivatives
Continuity and Differentiability of a Function
The Slope of a Curve
Partial Differentiation
Applications to Comparative Static Analysis
Chain Rule
Second and Higher order Derivatives
Total Differential and Rules of Differentials
Derivatives of Implicit Functions
Optimization
Relative Maxima and Minima
Constrained Optimization
Text/Ref Books
Edward T. Dowling, Schaum's Outline Introduction to Mathematical Economics
Thomas and Finny, Calculus and Analytic Geometry
Carl P. Simon, Lawrence E. Blume, Mathematics for Economists
Time Schedule
Fall Semester, 2011
Faculty/Resource Person
Tanweer ul Islam Lecturer .
MPhil Econometrics